China Yurun Food Group Secures New Supply Agreements

China Yurun Food Group (HK:1068) has released an update.

China Yurun Food Group has entered into new framework agreements for the continued purchase of hogs and supply of raw pork, set to commence in January 2025 and last until December 2027. These agreements, involving entities connected to substantial shareholder Mr. Zhu, are part of the company’s ongoing strategies to secure essential raw materials for production. The transactions adhere to the reporting and annual review requirements under Hong Kong’s Listing Rules due to their nature as connected transactions.

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